Island ways reported (6)
I believe the answer is:
rhodes
'island' is the definition.
(Greek island)
'ways reported' is the wordplay.
'ways' becomes 'roads' (road is a kind of way).
'reported' indicates a 'sounds like' (homophone) clue.
'roads' sounds like 'RHODES'.
(Other definitions for rhodes that I've seen before include "British financier and coloniser in southern Africa, d. 1902" , "Largest island of the Dodecanese" , "Greek island - British-born South African statesman" , "Shored (anag) - Greek island" , "Dock for undersea craft" .)